- Santiment tweeted that the XRP ledger has seen less activity compared to 2021 and 2022.
- XRP starts the week on a positive note but bears take over the last day and crash prices.
- Ripple’s token shows signs of reciprocating November 2022 behavior.
Market intelligent platform for on-chain and social metrics, Santiment tweeted that the XRP ledger has seen less activity compared to 2021 and 2022. However, this has not stopped the Whales and the Sharks from accumulating XRP. Wallets with 100K-100M $XRP hold $7.89B in coins at present while a year ago it was $7.16B. As such, wallets holding 100K -100M XRP have 26.7% of the supply of XRP.
#XRPLedger is seeing less whale activity this year compared to 2021 & 2022. However, this hasn't stopped the key shark & whale addresses from accumulating more of the supply. Wallets with 100K-100M $XRP hold $7.89B in coins vs. $7.16B a year ago. https://t.co/NMnrTCTMUw pic.twitter.com/DSShcoFa8G— Santiment (@santimentfeed) October 9, 2023
When the market opened for trading, XRP was trading at $0.508. After a few hours into the first day of the week, the token drastically increased and reached $0.5409, the highest price for…
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